Friday, March 17, 2017

[Super Shareholders' Meeting - Chung Mong-koo, "the 50th anniversary of interference to the future development of the car."



[Korea's financial standing hyomun newspaper reporter] Hyundai Motor Group chairman Chung Mong-koo was founded 50th anniversary this year, the right-Connected Autonomous tea stressed the importance of future car development.

Chung 17 days a written greeting from the General Shareholders 'Meeting held at the Hyundai headquarters, 2017 will have a significant the 50th anniversary of Hyundai's founding, saying' not satisfied with the outcome of today's beyond simple quantitative growth future through qualitative growth best to be a founding member of the leap will do my 50 years "he said.

Followed by "Hyundai's sales last year, 4.86 million despite the difficult environment has strengthened its position as a global maker 'said base', with Hyundai Motor environmentally friendly cars-only model completed painstakingly" in the global market of the Kids ohnik 'and' Genesis' successful launch was able to further widen further, he added.

This year was expected to be further intensified competition among companies to increase uncertainty and the market stagnant growth of the world economy. Chung emphasized that turn an eye to the future development of the car in order to overcome the same external variables.

Chung 'recent automobile industry, it is our senses did not try experienced changes in the past, "it said" The fuel consumption and exhaust gas regulations strengthening of the major countries and new emerging renewable energy sparking around the assimilation of the vehicle and Internet of Things and artificial Connected to a TV and autonomous development of intelligent technology has emerged as a key component of the car, he was diagnosed.

He added that all employees are flexible and agile in the future automotive industry changes come join forces against the "sharing economy trend spread and gotta change a customer's car usage patterns situation that is the auto industry dramatically transformed," said "these changes it not only goes out to secure power for the sustainable growth of the group as a whole will respond preemptively added that Hyundai's plan.

It was hit also planning to actively utilize actively targeting to the recession the market of new products and marketability enhanced model Navi, research to further expand development investments at the same time said it plans to take to increase steadily the product competitiveness by seeking to internalize the core future technology .

He said, 'Hyundai Motor will establish itself as a first-class brand to protect our customers life for any accidents, based on the development of global best-in-class quality and advanced technology safely' said 'quality and safety is our basic philosophy of infrastructure and communication for them sikigetda focused as possible "he said.

Followed by 'Genesys brand that was launched three years is a product line enhancement and overseas markets will be dream Caro growth in advanced zoom to customers through can have an even greater joy and pride' saying 'high-performance car lineup that looks first to the line at this year's global market the seat will go to the market, he added one step closer to the ultimate in technology and customer needs for the pleasure of driving.

Finally, the substantial strengthening accountability sold, part of the cultural communication between the building and strengthening autonomous and responsible organization said it would raise the lumen oeyu strength.

Meanwhile, Hyundai is voted the day's agenda, such as choeeunsu including internal directors re-elected Chairman Chung Mong-koo, the agenda of the General Shareholders' Meeting elected a new outside director, Director remuneration (150 million).



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